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Real Estate News Releases
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(CHARTPOPPERS.COM, December 08, 2009 ) Point Roberts, WA - Chartpoppers.com announces an investment report featuring Technology company FedEx Corp. (NYSE: FDX)
FedEx Corporation (FedEx) is a holding company. The Company provides a portfolio of transportation, e-commerce and business services through companies that compete collectively, operate independently and manage collaboratively, under the respected FedEx brand.
Recent News on FedEx Corp. (NYSE: FDX)
FedEx said it now expects to report earnings for the second-quarter which ended November 30 of $1.10 a share, above the range of 65 to to 95 cents a share the company had previously predicted. The company earned $1.58 a share a year ago.
Analysts, on average, expected the Memphis-based company to report a second-quarter profit of 85 cents a share, according to Thomson Reuters I/B/E/S.
FedEx said the improved outlook reflects "better-than-expected growth in FedEx International Priority and FedEx Ground volumes" as well as "the benefits of ongoing cost control programs."
It was the second quarter in a row that FedEx preannounced expectation-topping earnings.
Analysts say the company is positioned to benefit from even a modest economic recovery because as shipping activity ticks up and its underutilized aircraft begin to carry larger cargoes, FedEx's margins improve.
FedEx shares rose to $90.35 after closing at $87.52 on the New York Stock Exchange.
The company is due to report second-quarter earnings on December 17.
The full report is available at www.chartpoppers.com
Chartpoppers.com is a market research and investment commentary provider. Chartpoppers.com aims to bring undervalued, up and coming companies into the sight of both experienced and non-experienced investors. We try to help investors, at whatever stage in their careers, to get a grasp on the necessary financial data that they need in order to make a educated investment decision. From our daily trading ideas to a in depth coverage of whatÂ’s going on in the markets, we are sure that chartpoppers.com is exactly what you need in order succeed.
For More information please visit us at www.chartpoppers.com
Chartpoppers.com Disclosure
DO NOT BASE ANY INVESTMENT DECISION UPON ANY MATERIALS FOUND ON THIS REPORT. We are not registered as a securities broker-dealer or an investment adviser either with the U.S. Securities and Exchange Commission (the "SEC") or with any state securities regulatory authority. We are neither licensed nor qualified to provide investment advice. ChartPoppers.com nor its affiliates have a beneficial interest in the mentioned company; nor have they received compensation of any kind for any of the companies listed in this communication. The information contained in our report is not an offer to buy or sell securities. We distribute opinions, comments and information free of charge exclusively to individuals who wish to receive them.
CHARTPOPPERS.COM
Paul Marek
6047245332
info@chartpoppers.com
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